Topic: Is it profitable to invest in betting sites? - page 13. (Read 6922 times)
of course yes, but need to see whether it is large or small gambling sites, usually people will invest if the gambling sites large and popular
it might be profitable in my opinion though i have never tried that out, in my opinion its better for my money to sit in my wallet than give it to someone who might take it at any time they want
we are know the both so risky but in my opinion i prefer betting our self
because invest on betting site sometimes unprofitable because someone win big
because invest on betting site sometimes unprofitable because someone win big
it is profitable but the profits are very small, i myself used to invest into just-dice while it still worked with bitcoins and i made some small amounts of bitcoins, i recommend to invest
Both has got risks that comes with it
I think it's safer to invest rather than gamble yourself
This would also depend on how well the casino is going
I think it's safer to invest rather than gamble yourself
This would also depend on how well the casino is going
I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?
Investing on a reputable website is better than gambling, you would make profit in long run by investing while in gambling you'll keep on losing. ( if you can't control yourself from chasing your loses) Investing in betting sites or betting our self?
Which casinos can you invest in their stake?
Wouldn't stock in the casino be a better idea?
Like Betking, SafeDice, Just-Dice,MoneyPot Etc, they are existing long time and have a good reputation of paying out, just as hua-hui mentioned, being popular and having good reputation. You could try with little money first. When you feel comfortable, you could invest more. Wouldn't stock in the casino be a better idea?
there have been cases whereby casino just run away with the investor btc. and it has happened to a lot of cases already. so it is better to invest on popular or rep sites. i still dont think it is gd to gamble.
Which casinos can you invest in their stake?
Wouldn't stock in the casino be a better idea?
Wouldn't stock in the casino be a better idea?
I prefer to gamble with my money instead of investing on some site.Although on long term is is always profitable but I do believe in luck and have chances to make much more money by gambling.Even making a site is risky may be your business go or not .
I agree that you can make more money from gambling only if your lucky otherwise you can lose all your money almost suddenly but if you invest some portion of your money on good sites than you can slowly grow your coins and if site is trusted than mostly you will not lose you're money.
It still depends on your investment. If you invest more may be you can get more in couple of weeks but if you only make a low investment I dont think you can get that much. And this is depends on a big whale too. If many big whale drop I think you will get a bigger bonus too
There's a saying something along these lines "What you put in, is what you get out".
It's all proportional, it doesn't matter how much you put in, a 10% gain from an investment of 1k bits will have the same percentage gain of an investment of 10k bits.
But it's true what you said about how profits only start being noticeable in high quantities. Fun story, I once put in 70 bits into the investment and got 75 bits a month later. Even though on paper it was a juicy 7% gain, it was only a 5 bit profit in the end...
Keep in mind, investing into the house bankroll means that now you're on the house's side, so it is +EV for you, which is a good thing. The profit you gain is just a matter of the time, house edge, bet volume and player's luck.
It is better to invest in gambling site, in many case casino/gambling site makes profit everyday
if you play gambling you have the risk to lost your money, eventhough if you are lucky enough you can gain more profit than investing
if you play gambling you have the risk to lost your money, eventhough if you are lucky enough you can gain more profit than investing
I prefer to gamble with my money instead of investing on some site.Although on long term is is always profitable but I do believe in luck and have chances to make much more money by gambling.Even making a site is risky may be your business go or not .
Investment in some well reputed gambling sites is much more better and safer in comparison gambling.If you have better idea and well made online casino site and can promote it heavily then this is most perfect option.There is a factor of risk involved in everything keep this in idea and choose what you consider suitable for you.
I think if we properly diversify our investments than investing is much better than gambling.
Boh has risk but I think you got a higher chance of getting a profit if you invest in them. If you are planning to find a really good and popular gambling site tho. I have hear moneypot is a good investment before bu now that it is under new manangement I don't know if it is still good to invest on them.
I still think MoneyPot is a great investment. I reinvested right after the ownership officially changed, and my deposit is up ~9%* in a couple of weeks.
* Your results may vary. With a house edge, your investment will profit in the long term, but you may experience +/- fluctuations in the short term.
It still depends on your investment. If you invest more may be you can get more in couple of weeks but if you only make a low investment I dont think you can get that much. And this is depends on a big whale too. If many big whale drop I think you will get a bigger bonus too
I requested opinions from our members about which is profitable.
Investing in betting sites or betting our self?
Investing in betting sites or betting our self?
well, investing is much better than playing yourself. But choosing the right site to invest is rather more important, I have seen sites going scam once they have good amount of invested amount. So, better be careful.
Both are risky but investing is less risky in my opinion. A whale could come and get lucky, which makes you lose your entire investment, but they could get unlucky and you will make a small profit.
There is no way that you could all your investment if whale gets lucky. All gambling sites have maximum profit that someone can win so even if someone keep on getting lucky , at most you will lose a lot percentage but not everything besides that you are going to win in long term since it has house edge
You won't lose all your investment but a whale can definitively reduce it considerably, and as more investments come in your chances of a profit decrease (since you would have a lower share in the casino bankroll).
It would be nice if someone started a topic to monitor investments in different (established) sites, it would not be a reliable indicator of where to invest, but would be fun to follow.
About the question in the OP, I think this has been discussed so many times... in the long run an investment is way better option, but in short-term it is more probable to profit from gambling by yourself.
Both are risky but investing is less risky in my opinion. A whale could come and get lucky, which makes you lose your entire investment, but they could get unlucky and you will make a small profit.
There is no way that you could all your investment if whale gets lucky. All gambling sites have maximum profit that someone can win so even if someone keep on getting lucky , at most you will lose a lot percentage but not everything besides that you are going to win in long term since it has house edge
That is true. If invest in good gambling site we can surely make some good money over the time but can't make money instantly like gambling. The most difficult part here is finding a good sites to invest and well reputed sites don't accept investments. I think investing is better than gambling.
Investing in the bankroll has a positive EV, but you will need to keep your bitcoin there for extended period of time, which in turns gives you a counterparty risk. In short, it is profitable to invest in bankroll if and only if you trust the site and admin.
Jump to: